Market Insight: Anghami Inc (ANGH)’s Notable Drop, Closing at 0.31

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In the latest session, Anghami Inc (NASDAQ: ANGH) closed at $0.31 down -8.97% from its previous closing price of $0.34. In other words, the price has decreased by -$8.97 from its previous closing price. On the day, 0.85 million shares were traded. ANGH stock price reached its highest trading level at $0.3577 during the session, while it also had its lowest trading level at $0.253.

Ratios:

For a deeper understanding of Anghami Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.20.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ANGH now has a Market Capitalization of 207082464 and an Enterprise Value of 203946016. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 2.612 whereas that against EBITDA is -3.671.

Stock Price History:

The Beta on a monthly basis for ANGH is 1.24, which has changed by -0.6517978 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, ANGH has reached a high of $0.97, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -38.93%, while the 200-Day Moving Average is calculated to be -52.63%.

Shares Statistics:

For the past three months, ANGH has traded an average of 919.72K shares per day and 575862 over the past ten days. A total of 66.86M shares are outstanding, with a floating share count of 17.14M. Insiders hold about 74.51% of the company’s shares, while institutions hold 0.34% stake in the company. Shares short for ANGH as of 1752537600 were 2537 with a Short Ratio of 0.03, compared to 1749772800 on 1116. Therefore, it implies a Short% of Shares Outstanding of 2537 and a Short% of Float of 0.01.